Industry Background:
A Military Laser Designator is a laser light source which is used by armed forces and are specially designed to designate a target. These lasers provide targeting for laser-guided bombs and missiles moreover, they can be used to call in for accurate and precise ground or aerial strike attacks from a distant range (approximately within 10 miles). Military Laser Designator systems are either man-portable or are attached on vehicles, aircraft, or ships. These laser designators perform best in clear atmospheric conditions.This growth is primarily driven by Need For Highly Precise Weapons in Armed Forces
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Aerospace & Defense sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as L3 Technologies (United States), Leonardo (Italy), Northrop Grumman (United States), Thales (France), UTC Aerospace Systems (United States), Gooch & Housego (United Kingdom), RPMC Lasers (United States), Elbit Systems (Israel), FLIR Systems (United States) and General Atomics (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In MAY 2022, Teledyne FLIR Defense, a division of Teledyne Technologies, launched a new laser target designator payload specifically designed for small unmanned aerial systems (UAS). The payload allows for precise target designation and tracking, enabling UAS to accurately engage targets with laser-guided munitions. The compact and lightweight design of the payload makes it suitable for integration onto small UAS platforms, enhancing their capabilities for surveillance, reconnaissance, and precision strike missions. The introduction of this new laser target designator payload expands Teledyne FLIR Defense's portfolio of advanced technologies for unmanned systems and reinforces its commitment to meeting the evolving needs of military and defense customers.The global military laser designator market is characterized by the presence of a few global and regional vendors and is highly competitive due to the growing efforts of market players to gain the maximum market share. These vendors are increasingly competing against each other based on factors such as cost, reliability, product quality, and aftermarket service.
Influencing Trend:
Adoption of Drones as Laser Designators and Acceptance of Lightweight Laser Designators for Use in Small UAV and UGV Platforms
Market Growth Drivers:
Need For Highly Precise Weapons in Armed Forces, Increasing Use of High-Speed Laser in Communication Network and Demand for Safe Laser Designators from Military Base
Challenges:
Difficult Operability in Extreme Weather Conditions and Issue Related To Atmospheric Susceptibility
Restraints:
High Development Cost of Military Laser Designator and Stringent Regulatory Hurdles for This Market
Opportunities:
Military Lasers are Expected to Get a Boost due To Advancements in Commercial Technologies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Military Laser Designator Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Military Laser Designator Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Military Laser Designator players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Military Laser Designator Study Sheds Light on
The Military Laser Designator Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Military Laser Designator industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Military Laser Designator industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.